Increased Scrutiny for <I>Cy Pres</I> Provisions in Class Action Settlements

Despite the popularity of utilizing the <I>cy pres</I> doctrine and its benefits, courts are reviewing class-action settlement agreements that provide for <I>cy pres</I> payments with increased scrutiny.

10 minute read October 02, 2017 at 12:04 AM
By
Joshua L. Becker and Brad M. Strickland
Increased Scrutiny for <I>Cy Pres</I> Provisions in Class Action Settlements

One of the critical issues addressed in a class action settlement is how the settlement funds are to be distributed. A popular method of doing this is to have a portion of the settlement fund made as a cy pres payment for the benefit of the class members.

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